The Board of Directors (the ‘Board’) of Titan Trucks, Inc. This code has been adopted by the company of Ethics for Company directors (Tricker & Tricker, 2012). The purpose of this code is to simplify the way you interact with the company’s directors. This code is expected of directors. You can find the Ethics set of Guidance Principles and any applicable laws here. These are the links to further information:
Responsibilities
Board members are responsible for promoting the interests of shareholders and legal owners. The Director will oversee the operation of all areas and make prudent decisions. The director’s responsibilities are Inter alia to:
- Use Prudent Controls and Effective Development to Assess and Manage Ethical Risks
- Outline the company’s strategic vision as well as short-term and For long-term objectives, you need to allocate the necessary human resource. These objectives can only be achieved if you have the financial resources. Also, perform performance evaluations
- Determine and establish the company’s values and Standards and Ensure compliance throughout the company.
Conflicts of interest
Titan Trucks Directors will uphold the highest ethical standards and be honest. Directors must be aware of all conflicts of interest and their perceptions. Langford, 2019. These Conflicts can occur even if objectivity is maintained. The effectiveness of directors must also be considered. One example is The receipt. Conflict of Interest: Unfair Personal Benefits received by members of the board of directors, or their fellow directors. These codes do not address all conflicts. Directors and Conflicts of Interest